Adobe Inc. $ADBE Shares Acquired by Rakuten Securities Inc.

Rakuten Securities Inc. grew its position in Adobe Inc. (NASDAQ:ADBE) by 181.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,182 shares of the software company’s stock after acquiring an additional 2,697 shares during the period. Rakuten Securities Inc.’s holdings in Adobe were worth $1,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Adobe in the 2nd quarter worth approximately $2,029,950,000. Assenagon Asset Management S.A. increased its position in Adobe by 308.1% during the second quarter. Assenagon Asset Management S.A. now owns 3,109,436 shares of the software company’s stock worth $1,202,979,000 after buying an additional 2,347,562 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Adobe in the second quarter valued at $318,224,000. Franklin Resources Inc. lifted its holdings in Adobe by 68.9% in the 2nd quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock valued at $750,168,000 after purchasing an additional 791,077 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Adobe by 218.5% during the 2nd quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock worth $415,434,000 after purchasing an additional 736,682 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a December-quarter beat and raised FY26 guidance (solid revenue and EPS growth), which underpins medium-term fundamentals and cash-generation. (This is a key counterweight for value-oriented investors.)
• Positive Sentiment: Some outlets argue Adobe is attractively valued and could be a buy for income/value investors given cash flow and buyback potential. Is It Time To Buy Adobe Stock?
• Neutral Sentiment: Adobe announced the Semrush acquisition to accelerate AI initiatives; the deal could help product roadmap but the market remains unconvinced about the near-term payoff. Cloud Stocks: For Adobe, Is The Semrush Acquisition Enough?
• Negative Sentiment: Analyst downgrades have ramped up — Goldman Sachs initiated coverage with a Sell and $290 PT, and Oppenheimer/BMO have cut ratings — driving fresh selling pressure and lowering near-term sentiment. Goldman Sachs Assumes Coverage of Adobe With Sell Rating
• Negative Sentiment: Heightened competition from AI entrants and Apple’s cheaper creative subscription is perceived as a threat to Adobe’s pricing and growth mix; multiple pieces highlight AI-driven disruption to Adobe’s core products. Adobe Stock Falls as Apple Unveils Discounted Creative Software Subscription
• Negative Sentiment: Investor sentiment is unusually weak (TipRanks warns of a potential “confidence crisis”) and heavy put buying indicates hedging or outright bearish positioning by options traders, amplifying downside pressure. Why Adobe Could Face a Confidence Crisis in 2026
• Negative Sentiment: Technical/sector weakness: charts show broken support and a bearish structure; broader software/AI sector selling is also weighing on the stock. Adobe: Bearish Structure Signals Final Leg Lower

Insider Activity

In related news, CAO Jillian Forusz sold 149 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $337.88, for a total value of $50,344.12. Following the sale, the chief accounting officer directly owned 3,426 shares in the company, valued at $1,157,576.88. The trade was a 4.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is owned by corporate insiders.

Adobe Price Performance

Shares of ADBE opened at $304.44 on Thursday. The firm has a market capitalization of $127.44 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 1.22 and a beta of 1.53. The stock’s fifty day moving average is $335.83 and its 200-day moving average is $348.42. Adobe Inc. has a one year low of $302.47 and a one year high of $465.70. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.02 and a current ratio of 1.00.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. The company had revenue of $6.19 billion during the quarter, compared to analyst estimates of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business posted $4.81 EPS. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Equities analysts anticipate that Adobe Inc. will post 16.65 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup lifted their target price on Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. Wall Street Zen upgraded Adobe from a “hold” rating to a “buy” rating in a research note on Monday, December 22nd. Stifel Nicolaus reduced their target price on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Morgan Stanley lowered their price objective on Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a research note on Thursday, December 11th. Finally, Wolfe Research cut their target price on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Adobe currently has an average rating of “Hold” and an average target price of $402.85.

Adobe Company Profile

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.